1938 Caroline Lane
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 31, 2020 | Sold | ||
| Sold | |||
| Sep 4, 2020 | Listed by Texas Trust Real Estate | $350,000 | |
| Listed by Texas Trust Real Estate | |||
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Country living within the City Limits. Escape to your private little Oasis. This beautiful home sits on over 2.5 acres with gorgeous views! Follow the tree lined driveway to see this unique secluded home. The lot stretches all the way to the lake with lots of shade trees as well as fruit trees. Just walk out your back door to enjoy many outdoor activities and lots of relaxing. There is so much potential with a spacious vaulted living room, nice size bedrooms, 2 full baths, a 2-car garage. The interior and exterior have been recently painted. This kitchen is spacious with lots cabinet and counterspace, this awesome property is the perfect place for entertaining your family and friends.
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| May 10, 2019 | Sold | ||
| Sold | |||
| Mar 26, 2019 | Listed by Champions Real Estate Group | $249,000 | |
| Listed by Champions Real Estate Group | |||
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Country cottage on the lake with over 2 and a half acres. Escape from hectic city living and traffic, and enjoy a private getaway - less than 30 minutes from Katy! Vaulted ceilings in the main living area, a spacious white kitchen with lots of counter space and three nice sized bedrooms plus 2 full baths. The home is ready for you to update and make it your own! There are beautiful fruit trees on the property as well. And, don't let the fence fool you - this lot stretches all the way down into the lake. Just walk out your back door, through the gate, and down to your private lake-shore to enjoy a little fishing after work or on the weekend without having to go anywhere!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017